Remember Audiogalaxy? It’s one of the veteran brands in the digital music space, having gone through several distinct iterations since its launch in 1998 as a P2P service, including a promotional site for Rhapsody, and more recently an app for streaming music from computers to mobile devices. Now Audiogalaxy has been acquired by cloud storage firm Dropbox, in an intriguing deal that suggests Dropbox has its own digital music ambitions. “We are thrilled to announce our team is joining Dropbox,” explain Audiogalaxy’s management team in a blog post. “We are excited about the opportunity to join the amazing folks at Dropbox and bring great new experiences to 100m+ Dropbox users.” Audiogalaxy isn’t accepting any new signups, but the real question is what Dropbox plans to do with its technology and team in the coming months. There are several third-party apps that act as players for music stored in Dropbox accounts, but it seems the company may be planning its own offering.